GH Research Q1 EPS $(0.15) Beats $(0.22) Estimate, Cash, Cash Equivalents, Other Financial Assets And Marketable Securities Were $214.0M As Of March 31
Portfolio Pulse from Benzinga Newsdesk
GH Research (NASDAQ:GHRS) reported Q1 EPS of $(0.15), surpassing the $(0.22) estimate, marking a 31.82% beat and a 28.57% improvement from last year's $(0.21) per share loss. The company's cash and marketable securities stood at $214.0M as of March 31.
May 03, 2024 | 11:08 am
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GH Research reported a Q1 EPS of $(0.15), outperforming estimates and showing year-over-year improvement. Cash and securities total $214M.
Beating EPS estimates typically leads to positive investor sentiment, potentially driving up the stock price in the short term. The improvement from the previous year and a strong cash position further bolster the company's financial health, making it an attractive investment.
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